Intapp 2026 Q1 Earnings Beats Expectations Despite 217.5% Net Loss Widening

Intapp (INTA) reported Q1 2026 earnings on Nov 5, 2025, exceeding revenue and EPS estimates while maintaining guidance in line with prior expectations. The company’s results reflect strong SaaS growth but highlight ongoing net loss challenges.

Revenue

SaaS revenue surged to $97.52 million, driven by a 27% year-over-year increase, while license revenue totaled $29.19 million, and professional services contributed $12.32 million. Total revenue rose 17% to $139.03 million, outpacing 2025 Q1’s $118.81 million.

Earnings/Net Income

Intapp’s losses deepened to $0.18 per share in Q1 2026, a 200% wider loss compared to 2025 Q1’s $0.06 per share. Net loss widened to $14.35 million, a 217.5% increase from $4.52 million in 2025 Q1. The EPS and net loss figures underscore persistent financial headwinds.

Post-Earnings Price Action Review

The stock price climbed 4.82% in the latest trading day, edged up 1.97% during the most recent full week, and declined 1.11% month-to-date. Despite beating expectations, the stock’s post-earnings performance reflects mixed investor sentiment, with short-term gains offset by a modest monthly decline.

CEO Commentary

John Hall, CEO, emphasized growth in generative AI offerings, noting "hundreds of clients engaging" with new Intapp Time features. He cited 27% SaaS revenue growth and a 121% trailing twelve months cloud net retention rate as validation of the company’s market positioning.

Guidance

Intapp provided Q2 2026 SaaS revenue guidance of $100.0–$101.0 million and full-year SaaS revenue of $412.0–$416.0 million. Total revenue guidance ranges from $137.6–$138.6 million for Q2 and $569.3–$573.3 million for FY2026. Non-GAAP operating income and diluted EPS projections were also outlined.

Additional News

Intapp announced a $150 million share buyback program, with $50 million executed in Q1, reflecting confidence in long-term value. Institutional ownership remains strong at 89.96%, with Nicholas Company Inc. and Bank of New York Mellon Corp. increasing stakes. Analyst ratings remain mixed, with a Zacks Rank #3 (Hold) and an average price target of $58.00. Insider sales of 101,169 shares valued at $4.29 million occurred over 90 days, though ownership remains concentrated at 11.21%.